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Kody Technolab Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Kody Technolab Ltd IPO

Registered Office: 2 Flr Block J Safal Monde Isco,Mall Near Rajpath Club SG Hig , Ahmedabad - 380054 , Gujarat , India.
Phone : +91-9377229944   Fax:
Email :  info@kodytechnolab.com  
Website :  www.kodytechnolab.com
Initial public issue of 17,20,000 equity shares of (Rs)10/- each ("Equity Shares") of Kody Technolab Limited ("KTL" or the "Company" or the "Issuer") for cash at a price of (Rs)160/- per equity share including a share premium of (Rs)150/- per equity share (the "Issue Price"), aggregating to (Rs)27.52 crores ("The Issue"), of which 86,400 equity shares of (Rs)10/- each for cash at a price of (Rs)160/- per equity share including a share premium of (Rs)150/- per equity share aggregating to (Rs)1.38 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 16,33,600 equity shares of (Rs)10/- each including a share premium of (Rs)150/- per equity share aggregating to (Rs)26.14 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.99% and 25.63%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (Rs)10/- and the issue price is (Rs)160/- the issue price is 16.00 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Sep-23 20-Sep-23 (Rs)160.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 27.02
Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 27.52  
Post Issue Equity Share Capital 6.37  
Issue Price (Rs)160.00  
 
Projects
Funding capital expenditure towards setting up developement center at gift city GandhinagarRepayment/prepayment of certain borrowings availed by the company
Funding incremental working capital requirement of the companyGeneral corporate expenses
Promoted By
Manav Subhashchandra Patel  
Manali Krunal Patel  
Pooja Sunny Patel  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd